The Fiasco of FED meetings

Every financial institution, the stock market, the industry confederation across the globe eagerly await the outcome of minutes of FED meet. The FED meet takes place periodically and it puts out figures relevant to the economic growth and the possible future economic scenarios.

If we analyze the minutes of the FED meetings ffedrom the time Mr. Ben Bernanke took till today of Mrs. Janet. L. Yellen, we would invariably be fed with official jargons and nothing else. It will surprise all that if we analyze with some time frame as a basis, these would only be repetitions and they would mean to be clichés.

It is often said the desired inflation rate is not present, the unemployment rate has not come down to the desired levels, the consumer spending has  gone down, the housing index is coming down etc., etc., at another meeting, the converse would be said off.

The FED chairman/ chairwoman is bit hawkish or dovish so on and so forth.

Their statements shake up the world markets either northwardly or southwardly in immediate reaction. If we were to assimilate the facts of say two business cycles of 4 years each starting from the Lehman brother year of 2008 nothing fruitful has happened importantly the agenda targets.

There is no ascertainable group in the USA, European sector or China. These economies had one thing in common during the period of growth the real estate grew a geometrical proportion, which was not a very healthy sign. The consequential home loans and the defaults. The banking sector crumbled because of the bad loans.

The rising value of real estate eroded the purchasing power of a common man resulting in a huge hit for daily existence.


Today all these big giants are looking towards the emerging markets with only interest for making money elsewhere than in their own economy. You could just imagine the plights of such happenings.

What will the USA be if its currency or replace by any other currency as the common medium of exchange? The common man has been fooled day in and day out by those so called “developed economies”. Real growth is a must for that real intent and honest analysis and the bitter pill policies are a must. The problem postponed doesn’t mean that it is resolved.

Chetna Bhora

Fun loving, writer, poet, photographer and an avid reader. Observation and analysis define me. Love for nature and animals is infinite. A journalism student from Chennai. An immense lover of thriller and crime stories. Love for Batman is beyond universe! A motivator, encourager of talent and art, does here and there counselling. Life is too short YOLO, so live it to the fullest!

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